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20121201
20121231
Search Results 0 to 9 of about 10 (some duplicates have been removed)
long-term planning is about in a business context. you're competing with the u.k. parliament. the u.k. put their rate at 28% new york tax on repatriation. japan used to be the highest tax rate in the world and we were second, now we're first. it's imer -- imperative from a competitive point of view and as i alluded to it is the absence of any decision that's got that one-point-x trillion dollars sitting on the sideline. my own view is if you had the banner headline, long-term fiscal responsibility, handshake is there, the framework is in place, we believe in these principles and revenue will be part of it, i would gladly give up all the exemptions tomorrow in a minute if i thought it was real long-term planning. >> you talking individual or corporate? >> corporate but i'll do it individually to. i'm part of the 2% that the people that were here this morning don't trust. the point is, it's all about, are we going to do the hard things? i'd give it up in a minute. i'd give up the 4 % if i knew it was going toward the right thing. i'm tell yog uh that, i would in a minute. and i don't th
when it came out almost two years ago. we said that the uk consolidation would fail. it had too much revenue. as we are seeing now, millionaires and billionaires are heading for the exit. that is what we are going to see. >> thank you. mr. chairman, i yield back. >> i would like to congratulate the chairman on his election and the fine work he has done as chairman of this committee and to congratulate mr. brady on being selected as his chair of this committee and the next congress. for our distinguished witnesses, they agreed that what we need to do is have a long-term solution. i would like to ask dr. zandi how we achieve that. we are several million dollars apart from the president's proposal. how would you close that gap? outline the president's proposal, speaker boehner rosie proposal -- speaker boehner's proposal. how can we get people employed and move our economy whoforward? >> i apologize. there will be a fair amount of numbers here. the president's tax revenue proposal amounts to about $1.6 trillion over eight 10 year -- a 10-year period. that is from higher tax rates. rough
heard anything at all? >> "24" and "homeland" are popular not just in germany and u.k. but in jordan and turkey. "24" is a huge hit in iran. --s beamed in illegally by you're not getting paid for it? >> no. but i do think. >> but it's smuggled in a lot. the actor is persian and has a lot of connections in iran and he's been tracking "homeland" in iran. >> it is stunningly popular but i've read a few criticisms of the show and to the extent that we make piss people off on every side of the aisle and are embraced by them too is a good thing. one thing i did learn is that as an export, as a public face, we do have some responsibility, some influence on -- this is an american export and we are good at this. we make really good movies and television shows. it is what the world sees of us. and there was a book by a researcher at the gallop organization and they polled people in egypt what is your feeling about americans. i don't like america but i like americans. and a very small percentage had never met an american. and they said how dow know and the answer was "friends". >> based on that
and it has worked extremely well and australia and the uk. the political aspect would be huge. >> low-income students are risk averse. they do not have secret bank accounts where they can address the situation. and if they fail, the burdens of being on them. they are less likely to pursue a college education if it means earning more than their parents do in a year. we expect pell grant recipients to graduate with more debt than middle and upper income students. they are anywhere from 150% more likely to graduate. we are burdening those the least capable of the most that. the problem is that they are going to impact access. >> the point before you go on, a lot of that is about communicating to families what this means. it is far from perfect, but they are borrowing well beyond their families capability, baking on the fact that they will be able to. i don't disagree that there isn't a perfect model, but i think it has huge potential. >> i want to move on to questions from the audience because i want to get in as many as possible. i think what is interesting, so far, there seems to be a
, even though the u.k. is kicking and screaming because they specialize in being the home of trading, whether trading in stocks or derivatives or anything else. they simply do not want that to be taxed. there are people in congress. i think wall street is now the number-one contributor to political campaigns. at least, it is in the running for number-one. i have been to washington many times and i'm involved with several groups that are trying to reform the business sector so that it can work, so that it can survive. it is very difficult because of the sheer amount of money that the finance sector in particular is pouring into lobbying and campaign contributions. it is very difficult. >> let's give a round of applause for lin. -- lynn. [applause] there is an opportunity for you to purchase and have the but signed. if you have court-further questions, she will be here signing books. thank you all and have a safe trip home. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] >> all this month we have been talking with retirin
they weren't replaced at all so you didn't end one that productivty benefits. this was also the case in the u.k. where they've seen that sort of dwerjens so when you look at the difference between productivty of the public and preist sector, it's technology. private sector has been able to harvest the productivty benefits of technology to take cost out and take it out in a pretty radical way. and that just hasn't happened here. i hold a little bit more hope for mobile in this regard which i think mobile has an opportunity to be more trance formative because people will interact more with government and we've goten smarter about that sort of thing. but we have to start closing down systems which i don't think happened to tay great extent. >> i'll just give you my experience of an account executive before i came to congress as well. agencies focus on their buments and it is the nature of man that people do not like to -- you get your savings and you don't get the benefit of those savings, they go to somebody who isn't doing the same kind of thing. so the nature of government makes this difficult
. that is what we have to worry about because we already see this happening. we also see in the u.k. that there are people being arrested. .t may be nasty stuff turning around, after the levison inquiry, regulating media. where is speech? this is a dangerous stance we are about to go under here. there is a fight over the effort to make google pay for the link.. if you can do that for media, maybe you can do it for bloggers like me. there is danger there. in dubai, they refused to have a favor of having the right on line. instead, they ordered the introduction of a firmly worded press release. speech is in danger this year. facebook is a place where we can share and can act. it is going wrong -- a round. i urge you to recognize that we must not only get enamored with new tools and toys. we have an obligation to protect the freedom. share and can act. we must protect the net. [applause] >> the phrase rock star is thrown around a lot. i am happy to welcome a bonafide rock star, amanda plummer is best known as one half of the dresden dolls. she started releasing solo albums produced by
Search Results 0 to 9 of about 10 (some duplicates have been removed)